ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
28 September 2021, 11:40 AM | #1 |
2024 ROLEX DATEJUST41 Pledge Member
Join Date: Aug 2010
Location: NorCal
Watch: Yes!
Posts: 6,556
|
Great visit with DavidSW today
Had a nice conversation with David in person this evening, among other things.
We talked a bit about inventory - he's sitting on 20+ BLNR's. I asked him the type of person buying at today's grey prices, and he said it's not the uber wealthy who don't care about money - it's more the people that are frustrated at the process and have waited long enough for the watch that they've been trying to get for the last 1-2-3 years. I can attest to this, as a friend of mine is ready to pull the trigger on a $20k watch because he just cannot get the watch anywhere else, and he is not a "rich" guy. As for business model, I asked if he's a volume dealer, and he says not really - he's willing to sit on a watch for 2-3 weeks to get the number he wants vs. simply moving a ton of watches at $1,000 profit, unlike other dealers we know (the YouTube guys that were big around here for awhile come to mind). As for rarity...what rarity? People come to him all the time talking about how Rolexes are "rare" - we both laughed at that one. I think his inventory alone speaks for itself on that matter. In any case, David is a great guy who's willing to talk not just about watches, but the business side of things as well.
__________________
|
28 September 2021, 11:47 AM | #2 |
"TRF" Member
Join Date: Jan 2016
Real Name: Brian
Location: Cincinnati
Watch: 116610LN
Posts: 2,021
|
David is as friendly as he is candid.
Thanks for sharing! |
28 September 2021, 12:06 PM | #3 |
2024 ROLEX DATEJUST41 Pledge Member
Join Date: Apr 2015
Location: USA
Posts: 3,325
|
David is a Great guy , We sat together in the same table in one of the WiSCon few years ago. A real gentleman.
Sent from my iPhone using Tapatalk
__________________
2FA-Enabled Official Member "Perpetual 30" Las Vegas International GTG 2016 Official Member "WIS-CON" Las Vegas International GTG 2017 Official Member "WIS-CON" Las Vegas International GTG 2019 |
28 September 2021, 12:24 PM | #4 |
Banned
Join Date: Apr 2020
Location: here AND there...
Posts: 2,240
|
Ive seen some inventory sit for much longer than that OP.
|
28 September 2021, 12:29 PM | #5 |
2024 Pledge Member
Join Date: Nov 2008
Real Name: Dan
Location: Orlando/NSB, FL
Watch: 16710 (3186)
Posts: 1,629
|
Sent from my iPhone using Tapatalk
__________________
Official Member "Perpetual 30" Las Vegas International GTG 2016 Official Member "WIS-CON" Las Vegas International GTG 2017 Official Member "WIS-CON" Las Vegas International GTG 2018 Instagram @pivot_and_spine |
28 September 2021, 12:47 PM | #6 |
Banned
Join Date: May 2012
Real Name: CJ
Location: Kashyyyk
Watch: Kessel Run Chrono
Posts: 21,113
|
Sweet!
Let him know we’re just breaking walnuts and we know he’s a businessman doing a good service. I’ll be sure to visit this winter. Tell him to let me in so I don’t wait outside like a stooge. I’ll bring bagels. |
28 September 2021, 07:46 PM | #7 |
"TRF" Member
Join Date: Nov 2011
Location: Paris
Posts: 3,536
|
Makes sense when he's the #1 in the business and when he sets the price, everyone else follows.
|
28 September 2021, 07:53 PM | #8 |
"TRF" Member
Join Date: Jan 2018
Location: Georgia
Posts: 6,132
|
I have not (yet) had a transaction with him but I have communicated with him and I agree that he is a nice, sharp guy.
|
28 September 2021, 08:07 PM | #9 |
2024 Pledge Member
Join Date: May 2015
Real Name: Mike
Location: Pacific Northwest
Watch: 116610LV 16710 SD
Posts: 10,649
|
He is the best done lots of deals with him every deal just gets better. Wish I lived closer would love to see his store and bs a while
|
28 September 2021, 08:10 PM | #10 |
2024 ROLEX DATEJUST41 Pledge Member
Join Date: Jun 2013
Real Name: nicholas
Location: ottawa canada
Watch: Rolex,AP,Panerai
Posts: 9,476
|
I have spoken with David numerous times over the years, but my dealings have always been with Daniel(ippon20)..Super great and friendly guy and met him once as well. Come to think of it, its been a while since I bought something from them, I think I am due!!
|
28 September 2021, 08:14 PM | #11 | |
"TRF" Member
Join Date: Aug 2019
Location: Cuckooclockland
Posts: 459
|
Quote:
|
|
28 September 2021, 08:17 PM | #12 |
"TRF" Member
Join Date: Jul 2018
Real Name: Kent
Location: New Hampshire
Posts: 1,716
|
I had my first transaction with David earlier this year. Sold an Omega Seamaster. Was a seamless interaction.
Good experience.
__________________
Rolex 116610 and 16220 You miss 100% of the shots you don't take |
28 September 2021, 08:22 PM | #13 |
2024 Pledge Member
Join Date: Jul 2013
Real Name: Brian (TBone)
Location: canada
Watch: es make me smile
Posts: 73,698
|
He’s got quite the store doesn’t he Jesse. If I had to guess, he also owns his McLaren outright
|
28 September 2021, 08:46 PM | #14 |
2024 ROLEX DATEJUST41 Pledge Member
Join Date: Mar 2012
Real Name: Alex
Location: Old continent
Posts: 2,317
|
Don't blame the player, if I had the money to go grey I would :)
I'm on the forums long enough to know Dawid way before all this craziness to come in, reading all nice transactions he did with buyers and sellers, it was good then it is good now. Everyone is running a business, as long is legit and trusty I see no problem. Thanks for sharing! |
28 September 2021, 09:32 PM | #15 |
2024 ROLEX DATEJUST41 Pledge Member
Join Date: Nov 2010
Location: North Carolina
Watch: Rolex/Others
Posts: 44,749
|
David is my "go to" Trusted Seller and I have a long relationship with him. I like the candid comment mentioned earlier about him because he is a straight shooter on pricing and availability. Nothing personal from David just business and great customer service. One day I will make it to Orlando and stop by and see the store and meet him in person. I look forward to doing it.
|
28 September 2021, 10:00 PM | #16 | |
2024 ROLEX DATEJUST41 Pledge Member
Join Date: Aug 2010
Location: NorCal
Watch: Yes!
Posts: 6,556
|
Quote:
When the Rolex "market" is down, people flock to the greys and buy at well below MSRP. I bought my RG DD40 from David a few years back at a greater discount than anyone else could have offered (AD included). You could get any watch you wanted back then at well below cost without ever having to step into an AD, all because the grey market was there. Didn't hear people complaining about David and others then...now all of a sudden they're "evil". Ok. Law of Supply / Demand - people only like it when they're on the right side of things. I've sold at a premium to him, and I've bought at a discount from him. Still cannot believe people flock to this forum to complain about arbitrage...
__________________
|
|
28 September 2021, 10:19 PM | #17 | |
"TRF" Member
Join Date: Dec 2019
Location: Boston
Posts: 1,210
|
Quote:
I have and it was an easy and safe transaction. He provides a service that not one person is required to use. Many choose to because he provides safety, convenience and knowledge. And he needs to make a living, too. If he didn’t get reward for risk, he’d just be working for someone else. Get a paycheck with no risk and very limited reward: trade the time you have left on earth for the paycheck. |
|
28 September 2021, 10:20 PM | #18 | |
2024 Pledge Member
Join Date: Nov 2012
Location: USA
Watch: addiction issues
Posts: 36,864
|
Quote:
Dan is on his own now Nicholas
__________________
|
|
28 September 2021, 11:37 PM | #19 |
Banned
Join Date: Jul 2008
Real Name: Paul
Location: San Diego
Watch: 126619LB
Posts: 21,540
|
Yes, David is a great guy, I have known him for years. He is a professional and respectful person; which is more then can be said about some posters on this thread.
|
28 September 2021, 11:39 PM | #20 |
Banned
Join Date: Jul 2008
Real Name: Paul
Location: San Diego
Watch: 126619LB
Posts: 21,540
|
PS Jesse, tell David he owes me money…
( He doesn’t but I keep trying! ) |
28 September 2021, 11:41 PM | #21 |
2024 ROLEX DATEJUST41 Pledge Member
Join Date: Aug 2010
Location: NorCal
Watch: Yes!
Posts: 6,556
|
Paul, I think it's the other way around - we all know you owe EVERYONE money!
__________________
|
28 September 2021, 11:54 PM | #22 | |
"TRF" Member
Join Date: Jul 2013
Location: us
Posts: 3,267
|
Quote:
Very good reminder Jp. Perhaps many on the forum weren’t around when the prices weren’t inflated. I remember a few years back when I got started in this hobby how happy I was to find out about businesses like DavidSW to be able to confidently buy second hand watches at a discount. Bought my 14060m from him at about 40% off of msrp. Ahh those were the days! Sent from my iPhone using Tapatalk |
|
29 September 2021, 01:44 AM | #23 | |
2024 ROLEX DATEJUST41 Pledge Member
Join Date: Oct 2015
Real Name: Bob
Location: NorCal
Watch: 5212 (blasphemy!)
Posts: 1,745
|
Quote:
He is, indeed, a sharp guy and a very candid one at that!! My first interaction with him was to get advice about getting an Explorer2, 16570-3186. He had one for sale, and I was trying to decide whether I should buy it from him, or a different one that had become available - and the other one was a slightly nicer package, for the sane price. After our 10 minutes on the phone, he advised me to buy it from the other dealer because it really was a better deal for me! (And no… It wasn’t because he was sick of talking to me!). I was struck with how genuinely caring he was. About 6 mo later, I bought two other items from him directly, and I have only positive feedback for this guy!! Now, I’m in the midst of trying to decide which watches to sell, to make some room for new acquisitions, and I very well may call him directly to sell, rather than list them individually. (Still trying to make that decision!). None of us like to see these prices so crazy high, when we just want to get the watch that we love, to wear. But it is what it is! I don’t hold grudges against the dealer. Sent from my iPhone using Tapatalk
__________________
Bob |
|
29 September 2021, 03:11 AM | #24 | |
"TRF" Member
Join Date: Jun 2016
Location: USA
Watch: All Rolex
Posts: 6,976
|
Quote:
|
|
29 September 2021, 03:48 AM | #25 |
Banned
Join Date: Jan 2019
Real Name: Mark
Location: South Carolina
Watch: 126711CHNR
Posts: 511
|
Chances are those 20+ BLNRS are new, unworn....
Meaning ADs truly arent worried about flippers. They simply want to sell watches. They don't care who they are selling to. |
29 September 2021, 03:49 AM | #26 | |
2024 ROLEX DATEJUST41 Pledge Member
Join Date: Oct 2015
Real Name: Bob
Location: NorCal
Watch: 5212 (blasphemy!)
Posts: 1,745
|
Quote:
And that, is the first comment in this thread… That I really want to see addressed: And that, is the question that I really want to ask David: “From where did you get these watches? Sent from my iPhone using Tapatalk
__________________
Bob |
|
29 September 2021, 03:53 AM | #27 | |
2024 ROLEX DATEJUST41 Pledge Member
Join Date: Aug 2010
Location: NorCal
Watch: Yes!
Posts: 6,556
|
Quote:
"Are most of these from AD's?" Nope. Most come from guys like me, or friends of his. The whole "he gets them from an AD's backdoor" seems to be a false narrative.
__________________
|
|
29 September 2021, 03:58 AM | #28 | |
2024 ROLEX DATEJUST41 Pledge Member
Join Date: Oct 2015
Real Name: Bob
Location: NorCal
Watch: 5212 (blasphemy!)
Posts: 1,745
|
Quote:
That’s very interesting! And what that means, is that “other guys” are buying them from AD‘s, knowing they can sell them to David easily. And I suspect that some of these are repeat customers to David. And that’s where the story gets complicated…. I repeat, I’m not putting David down, at all!! I really like the guy, and I admire his business savvy. But somewhere in this system, there are AD‘s repeatedly selling to people, knowing that they’re getting flipped…. And somebody’s palms are getting greased. Sent from my iPhone using Tapatalk
__________________
Bob |
|
29 September 2021, 03:58 AM | #29 |
"TRF" Member
Join Date: Mar 2016
Location: FL
Posts: 226
|
David is the best and his inventory reflects that. Almost everything is sold complete and like new and they are quick and responsive. Too many purchases from them over the years to count.
__________________
AP Addict. |
29 September 2021, 04:06 AM | #30 |
"TRF" Member
Join Date: Mar 2021
Location: USA
Posts: 1,431
|
Another satisfied customer here (for about a decade). All through email, though would love to make it to see him in person one day.
Glad you had a great visit |
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
|
|
*Banners
Of The Month*
This space is provided to horological resources.